· Semiconductor & Electronics · Source: economictimes.indiatimes.com

Softbank-owned chipmaker Graphcore will invest $1.3 billion in India over 10 years: CEO Nigel Toon

UK chipmaker Graphcore, owned by SoftBank, plans a $1.3 billion investment in India over the next decade. Launching its first Bengaluru office, the company will initially hire 100 AI engineers to leverage India’s talent for chip design. Graphcore’s smartchips, powering AI data centers, mark a major expansion into the Indian semiconductor and AI market.

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